Analysts rate Labrador Iron Royalty Corp. (LIF:CA:TSX) with an Hold rating and a CAD 38 target

Scotiabank Capital maintains the CAD 32 LIF stock price target and rates as Sector Perform.

Based on the Labrador Iron Ore Royalty Corp stock forecast from 7 analysts, the average analyst LIF stock price target is CAD 38.17 over the next 12 months. Labrador Iron Ore Royalty Corp’s average analyst rating is Hold. Stock Target Advisor’s own stock analysis of Labrador Iron Ore stock is Slightly Bearish, which is based on 4 positive signals and 9 negative signals. At the last closing, Labrador Iron Ore stock price was CAD 31.20Labrador Iron Ore stock price has changed by +0.68% over the past week, +1.73% over the past month and -21.19% over the last year.

 

About Labrador Iron Ore Royalty Corp. (LIF:CA:TSX):

Labrador Iron Ore Royalty Corporation, through its subsidiary, Hollinger-Hanna Limited, holds a 15.10% equity interest in Iron Ore Company of Canada (IOC) that produces and processes iron ores at Labrador City, Newfoundland and Labrador. The company’s primary products include standard and low silica acid, flux, direct reduction pellets, and iron ore concentrate, as well as seaborne iron ore pellets. The company was formerly known as Labrador Iron Ore Royalty Income Fund and changed its name to Labrador Iron Ore Royalty Corporation in July 2010. Labrador Iron Ore Royalty Corporation is based in Toronto, Canada.

 

Most Recent Analyst Ratings for LIF’s stock price:

Maintains Scotiabank Capital Outperform CAD 14.75 2022-09-15
Target Down BMO Financial CAD 12 2022-09-12
Target Down RBC Royalbank Sector Perform CAD 14 2022-09-12
Adjusts STA Research Hold CAD 10 2022-09-09
Mainatains National Bank of Canada
Financial Outperform CAD 15.5 2022-09-09
Maintains National Bank of Canada
Financial Outperform CAD 15.5 2022-08-23
Target Down TD Research Buy CAD 17.5 2022-08-22
Target Down STA Research Buy CAD 12 2022-08-19
Target Down Scotiabank Capital Outperform CAD 14.75 2022-08-19
Target Down Scotiabank Capital Outperform CAD 16 2022-08-10
Target Down TD Research Buy CAD 18.5 2022-08-03
Target Down STA Research Buy CAD 14 2022-08-03
Target Down Canaccord Capital Speculative Buy CAD 16 2022-08-03
Target Down National Bank of Canada
Financial Outperform CAD 15.5 2022-07-19
Maintains Scotiabank Capital Outperform CAD 20 2022-06-09
Maintains Scotiabank Capital Outperform CAD 20 2022-05-16
Assigns STA Research Hold CAD 20 2022-05-16
Target Up Canaccord Capital Speculative Buy CAD 18 2022-05-16
Maintains BMO Financial Hold CAD 15 2022-05-16
Maintains CIBC Capital Markets Outperform CAD 19 2022-02-15
Target Down Canaccord Capital Speculative Buy CAD 17 2022-02-14
Target RBC Royalbank Sector Perform CAD 15 2022-02-14
Maintains BMO Financial Hold CAD 15 2022-02-14
Maintains Scotiabank Capital Outperform CAD 20 2022-02-14
Maintains TD Research Buy CAD 19.5 2022-02-11

 

 

What we like:

Low volatility:

The annual returns for LIF stock have been stable and consistent compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

Superior total returns:

LIF stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow:

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow:

The company had positive total free cash flow in the most recent four quarters.

 

What we don’t like:

Poor risk adjusted returns:

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns, the returns are unpredictable. Proceed with caution.

Below median dividend returns:

The average income yield of LIF stock over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings:

LIF stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value:

LIF stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity:

Labrador Iron Ore stock management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization:

Labrador Iron Ore stock management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

Labrador Iron Ore stock management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

LIF stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

LIF stock has shown below median earnings growth in the previous 5 years compared to its sector.